Fed Rate Cuts 2024 Predictions 2024 Lok. Leading central banks are expected to begin cutting interest rates over the coming year as falling inflation fuels predictions among investors and economists that prices are under control. Investors widely expect the fed to cut rates at its september meeting, the first cut since march 2020 to the target federal funds rate, which only officially determines the overnight.
More than half of those polled (54%) expect there to be three cuts this year, or one at every remaining fomc meeting. Fed funds futures contracts for december on monday reflected expectations of around 60 basis points in rate cuts this year, compared to some 150 basis points that had been priced at the start.
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